Cloud, AI, IoT to Fuel IT & Telecom Sector Growth in Vietnam – OpenGov Asia

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Thai Deputy Prime Minister and DE Fund Executive Committee Chairman General Prawit Wongsuwan has set the direction of the country’s Digital Economy and Society Development Fund (DE Fund) for 2023, with the aim of enhancing economic and social viability Thailand’s technology to improve through digitization.

The DE fund management acknowledged the achievements of the fund, which can be implemented as planned, since progress has been made and almost 100 percent of the funds for the projects funded from the previous financial year 2019, especially for funded projects, have been paid out in the financial year 2019.

The Committee discussed and approved the Long-Term Action Plan (BE 2023-2027), which included the Fund’s operational plan and budget for fiscal year 2023 to guide future operations.

You have also contributed to the creation of a general funding policy framework. In the following seven areas for fiscal year 2023:

  • Education for the next generation in the digital age
  • Digital administration and infrastructure
  • Proactive farming with digital innovation
  • Digital technology in the future
  • health technology
  • Security in the digital world
  • Digital environment saves

Thailand Smart City uses innovative technologies to improve the efficiency and effectiveness of city management and services in seven areas: smart environment, smart economy, smart transportation, smart energy, smart citizens, smart housing and smart public administration

The DE fund is currently considering projects applying for funding for fiscal year 2022 under the 2,500 million baht cap. After the application was completed, over 600 projects were submitted.

The Fund has formed a working group of specialists from different sectors to select a digital development project that is compatible with the country’s development context and capable of delivering visible results. The results of the annually funded projects are published in September on the website of the Digital Economy and Society Development Fund.

The committee collectively evaluated the performance of the DE Fund and decided on the operational process for 2023, setting guidelines for how all stakeholders should work together to manage the Fund. Digital development initiatives need to be able to work within the agreed timeframe and scope while delivering measurable results.

To make such advances a part of supporting the country’s progress in digital development. It is appropriate to the fund’s goal of accelerating and strengthening Thailand’s social and economic development through digital technology.

Meanwhile, Thailand recently discussed the implementation and follow-up of the Organization for Economic Co-operation and Development (OECD) project “Extended Connectivity in Southeast Asia”, which aims to fill the gap in Southeast Asian connectivity.

The main goal of implementing the OECD recommendation on broadband connectivity is to increase connectivity and improve the quality of broadband networks. This is expected to result in highly efficient regional international connectivity. It also adheres to the roadmap, communication guidelines and regulations that have been established.

According to the goals of the National Digital Economy and Society Development Plan as well as the Office of the National Digital Economy and Society Commission, the country has contributed information to Thailand’s digital technology infrastructure such as the Pracharat Internet Project and the Public Internet Community Project, which are important components of Thailand’s promotion and support are to have a telecommunications infrastructure that covers the entire country.

According to Thailand’s national data development and statistics policy, the National Statistics System Master Plan plays an important role in the country’s development.

The organization and management of the national statistical system will use the master plan and push the country’s development to remove the obstacles to the growth of Thailand’s digital economy. Local statistical data should be integrated and turned into big data to support planning management, which can encompass all aspects of Thailand’s economy, society and environment.

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